Wednesday, July 27, 2016

we'll be speaking with utility finance, accounting, rates, and work management professionals about the challenges they face and the benefits that HPC has delivered to utility customers over the last 20+ years.

Monday, July 25, 2016

As cost flows become more complex, utilities today often find it challenging to trace costs in adequate granularity from sender to receiver—and in reverse to more easily explain costs to regulators. HPC America has pioneered an accounting approach that enables unmatched forward and reverse FERC drill-down transparency.

data, and our Utility Financials Accelerator and Cost Flow Forensics software provide the most detailed forward and reverse translation of costs. In a forward translation, an original charge is split to one or more FERC accounts. HPC CFF indicates which portions of these original transactions trace to each FERC account. Likewise, in reverse, HPC CFF traces each FERC account to the portions of the original transactions, thereby explaining each dollar amount in FERC accounts by the natural account amounts entered. Our CO-centric design creates a trail of sender/receiver handoffs, and HPC CFF plays this back in a FERC context.

HPC America is pleased to announce that we'll be exhibiting and presenting at this year's SAP Controlling conference in San Diego, September 13-14, 2016.

During the event, HPC CEO Jerry Cavalieri will lead a session on Fleet Accounting best practices in SAP. We'll also be demonstrating our cost adjustment solution for SAP, the HPC Journal Entry Transfer Solution (JETS), which streamlines the process of making high-integrity line-item corrections to mischarged orders, cost centers, and other cost objects directly in the SAP ERP.